The Oleoresins Market Has Gained Momentum Globally

By Author: Sonal
Total Articles: 84
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The oleoresins market is estimated to be valued at USD 1.2 billion in 2019 and is projected to reach USD 1.7 billion by 2025, recording a CAGR of 6.0% during the forecast period. 

The rise in awareness regarding the side-effects of synthetic flavors and health benefits offered by phytomedicines and herbal extracts has significantly driven the growth of the market. The rising trend of using natural flavors in processed food and an increasing number of QSRs have led to a surge in demand for oleoresins.

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The oleoresins market has gained momentum, globally, at a commercial level in the last 10 to 15 years, owing to the growing instances of diseases caused by synthetic and chemical-based products. Furthermore, substantial investment in plant-derived nutritional & health products is expected to present promising opportunities for the growth and diversification of the Asia Pacific oleoresins market. Due to all these factors, the region is projected to grow at the highest CAGR during the forecast period.

Key ...
... players in this market include Akay Group (India), Synthite Industries Pvt. Ltd. (India), AVT Naturals (India), Givaudan (Switzerland), PT Indesso Aroma (Indonesia), Vidya Herbs Private Limited (India), Ungerer & Company (US), Kancor Ingredients Ltd. (India), Plant Lipids (India), Kalsec Inc.(US), Gazignaire (France), and Universal Oleoresins (India).